IFRS Core Tools

Our IFRS Core Tools provide the starting point for assessing the impact of changes to IFRS. IFRS Core Tools consists of practical building blocks that can help you keep up with the changing landscape of IFRS.

Previous IFRIC meeting updates

IFRS learning modules

Each of the downloadable modules below contains lessons relating to an IFRS topic and provide a baseline understanding of each topic. The lessons include:

Informational material

Observations on various scenarios that may exist during the preparation of financial statements

Interactive tools that will link you to responses to common issues

An assessment at the conclusion of each module; use your own discretion to determine if you are satisfied with your score.

Links to external internet sites. You may wish to be online when you work through these lessons. Whether you work online or offline you will find the technology that supports each lesson is self-contained.

Please note that the modules are designed to work in Internet Explorer only. You may need to set Internet Explorer as your default browser to avoid problems launching the learning modules.

Completion certificates of IFRS learning now available for CPD credit

Each module allows the user to create a personalised completion certificate showing their completion of the module and their result in the module's final assessment. This allows users to easily apply for Continual Professional Development (CPD).

As CPD requirements differ across the globe, the printable certificates present the final percentage result of your final assessment but does not provide a "pass" or "fail" to allow for these differences.

Industry insights

EY has invested in dedicated Global Industry Centers around the world – centers that serve as virtual hubs for sharing industry-focused knowledge and experience. These centers have teamed with EY Global IFRS Services to develop in-depth IFRS perspectives in certain key industries.

Brazil

This guide provides a high level look into existing differences between IFRS and standards issued by Comitê de Pronunciamentos Contábeis (locally CPC), a newly established Brazilian accounting standard setter.

United States

This guide takes a top level look into questions and provides an overview by accounting area, both of where the standards are similar and also where they diverge. This edition reflects guidance issued through December 2011.

Exposure drafts and comment letters

The table below includes exposure drafts and other proposals from the IFRS Foundation and the IASB (including IFRIC), in connection with active projects over the last 12 months. Ernst & Young's comment letter is provided, when one has been filed. A complete, searchable archive of exposure drafts and final statements is available in GAAIT or directly on the IASB’s website.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.